Guidewire (GWRE) CAO and General Counsel sells 1,684 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guidewire Software’s Chief Administrative Officer and General Counsel, James Winston King, reported an open-market sale of 1,684 shares of common stock at $130.64 per share. The transaction reflects a discretionary sale executed on the market.
After the sale, he directly holds 30,018 shares of Guidewire common stock. The filing notes the transaction was an automatic sale made under a Rule 10b5-1 Trading Plan adopted on October 14, 2025 and amended on April 9, 2026, indicating it was pre-scheduled rather than timed opportunistically.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,684 shares ($219,998)
Net Sell
1 txn
Insider
King James Winston
Role
Chief Admin Officer, Gen Couns
Sold
1,684 shs ($220K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,684 | $130.64 | $220K |
Holdings After Transaction:
Common Stock — 30,018 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,684 shares
Sale price: $130.64 per share
Shares held after sale: 30,018 shares
+1 more
4 metrics
Shares sold
1,684 shares
Open-market sale of common stock
Sale price
$130.64 per share
Price for the 1,684 shares sold
Shares held after sale
30,018 shares
Direct ownership following transaction
Net shares sold
1,684 shares
Net change in buy/sell activity in this filing
Key Terms
open-market sale, Rule 10b5-1 Trading Plan, Common Stock
3 terms
open-market sale financial
"reported an open-market sale of 1,684 shares of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Rule 10b5-1 Trading Plan regulatory
"Automatic sale pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Common Stock financial
"open-market sale of 1,684 shares of common stock at $130.64 per share"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did GWRE’s James Winston King report?
James Winston King reported selling 1,684 shares of Guidewire Software common stock. The shares were sold in an open-market transaction at $130.64 per share, according to a Form 4 insider trading report.
Was the GWRE insider sale made under a 10b5-1 plan?
Yes. The filing states the sale was an automatic transaction under a Rule 10b5-1 Trading Plan. The plan was adopted on October 14, 2025 and amended on April 9, 2026, indicating the trade was pre-arranged.
What role does the reporting person hold at Guidewire Software (GWRE)?
The reporting person, James Winston King, is Chief Administrative Officer and General Counsel of Guidewire Software. His officer status is disclosed in the Form 4 along with this open-market share sale.